Antioch University, Yellow Springs, Ohio, invested about $2 million in the PIMCO Total Return fund, said Don Tecklenburg, controller. Funding came from reducing an active domestic fixed-income portfolio run by Seix Investment to $2.5 million. Officials for the $25 million endowment made the move in response to rising interest rates and thought the PIMCO fund was more diversified, he said. Smith Barney assisted.
Antioch University , Yellow Springs, Ohio, invested about $2 million...
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